> "make founders take on massive personal debt to survive" That assumes massive personal debt is even an option. A lot of poorer people are turned down for pe

> "make founders take on massive personal debt to survive" That assumes massive personal debt is even an option. A lot of poorer people are turned down for personal debt with respectable institutions. They go to the bank, credit company or whatever, and the answer is a straight no, we have nothing for you. Maybe if they're lucky they can have a small overdraft, worth less than a month's rent. Not enough to move the needle. Loan sharks exist but that's a terrible idea. I mention this because I have the impression some people, who are used to easy credit (especially credit cards), don't realise there are a lot of people who can't get any.